"Special Interest Vehicles Tax assessment in CT

[twobjshelbys]

Originally Posted by cycleguy55

Just curious - what other jurisdictions charge property or capital tax for vehicles?

Virtually every state I've ever lived in has assessed a vehicle tax. There are some fixed fees associated with the vehicle, but almost all have some kind of tax based on value. In most places it is calculated on a depreciation schedule. Some places, though, actually look at cars the same as real estate and assess taxes based on recent sales, so the guys with Ford GTs in some places in VA are paying horrible taxes on their cars as the values go up.